Keller Group PLC Directorate Changes (5908W)
12 December 2019 - 6:01PM
UK Regulatory
TIDMKLR
RNS Number : 5908W
Keller Group PLC
12 December 2019
For immediate release
12 December 2019
Keller Group plc
Directorate changes
Keller Group plc (LSE: KLR) ("Keller", or "the Company"), the
world's largest geotechnical specialist contractor, is pleased to
announce that, after a rigorous and extensive global search,
Michael Speakman, Interim Chief Executive Officer and formerly
Chief Financial Officer, has been appointed permanent Chief
Executive Officer with immediate effect.
Keller also announces that Paul Withers, Senior Independent
Director and Chairman of the Remuneration Committee, will retire
from the Board at the conclusion of the Company's Annual General
Meeting to be held in May 2020, having served on the Board for 8
years. Paul will step down as Senior Independent Director and
Chairman of the Remuneration Committee with effect from 1 January
2020. Paul's retirement accords with Keller's on-going
Non-Executive Director succession planning process and continued
commitment to Board renewal.
Baroness Kate Rock, Non-Executive Director and Chairman of the
Workforce Engagement Committee, will be appointed Senior
Independent Director and Eva Lindqvist, Non-Executive Director,
will be appointed as Chairman of the Remuneration Committee, both
as at 1 January 2020.
Peter Hill, Chairman of Keller, commented:
"I am delighted to announce Mike's appointment as CEO. The Board
and management is fully supportive of his appointment and we are
all motivated in making Keller the high quality business it
deserves to be."
Mike Speakman, Chief Executive Officer, said:
"I am honoured and excited to be leading Keller. The management
team is committed to growing shareholder value and we will deliver
this by the rigorous implementation of our newly enhanced
strategy."
Paul Withers, Senior Independent Director, said:
"After 8 years on the Board of Keller, I have decided it is the
right time to announce my retirement, to take effect after the
Annual General Meeting in May 2020. I look forward to working with
the Board to support Mike in the delivery of our strategy in the
first part of next year."
For further information, please contact:
Keller Group plc www.keller.com
Peter Hill, Chairman 020 7616 7575
Kerry Porritt, Group Company Secretary and Legal Advisor 020 7616 7575
Notes to editors:
Keller is the world's largest geotechnical specialist contractor
providing a wide portfolio of advanced foundation and ground
improvement techniques used across the entire construction sector.
With around 10,000 staff and operations across six continents,
Keller tackles an unrivalled 7,000 projects every year, generating
annual revenue of more than GBP2bn.
For more information, please go to:
http://www.keller.com/investors.aspx and
http://www.keller.com.
LEI: 549300QO4MBL43UHSN10
Classification: Inside Information (DTR Annex 1)
This announcement includes inside information as defined in
Article 7 of the Market Abuse Regulation No. 596/2014 and is
disclosed in accordance with the Company's obligations under
Article 17 of those Regulations. On the publication of this
announcement via a Regulatory Information Service ("RIS"), this
information is considered to be in the public domain.
The person responsible for making this announcement is Kerry
Porritt, Group Company Secretary and Legal Advisor
This information is provided by RNS, the news service of the
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END
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